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right now. does that continue in 2013 even if we do see this -- some sort of resolution of the fiscal cliff and what could do to paychecks and jobs in the economy? >> the offset is that people look at the value of their houses and start feeling better. one-third of household wealth is the value of their house and if they start seeing prices stabilize and appreciatining, tt could offset some pullback in overall consumerspending. >> where will we make money then, do you think? >> my sense is emerging markets is where you're going to have a lot of growth. those markets have been depressed for a couple of years so equities in emerging markets, equities in the u.s. keep clear of yeurope for now. i think high yield debt will be interesting. within equities, if the economy starts really growing it will be momore broad based and people c move away from the more conservative investments go into more cyclical as well as smaller cap stocks. >> optimistic view on 2013 from allisison deans. always good to see you. >> thank you. >>> when we return on the "wall street journal" report, maria will be
, on january 1st, 2013, it's going to be a massive fiscal cliff of large spending cuts and tax increases. >> find some way to avoid the fiscal cliff, to avoid doing anything that would contract the economy now. >> does that mean extending the tax cuts? >> the real issue is not whether they should be extended for another few months. the real issue is whether the price the republican house will put on that extension is the permanent extension of the tax cuts. >> grur going to extend the tax cuts you're going to have 3.8 trillion added in ten years to the $16 trillion we already owe. i mean, have a drink. >> we can't keep giving the middle class tax cuts like the president says he wants to do and romney says he wants to do when we got -- when we have a trillion dollar deficit. >> just a few days before the election day and you're analysis of the polls have given the president better than 80% chance of winning re-election? >> the fact that the president leads in the polls in ohio and iowa states where you would need -- he would need to win 207 electoral votes means he's the favorite in the e
Search Results 0 to 2 of about 3 (some duplicates have been removed)